1000 County Road 484, Elgin TX 78621

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $392,717. I'd recommend coming to market at $294,000 to $304,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78621. At 285 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1960, this home is 55 years older than the average comp, which is reflected in the adjustments. There are currently 3 similar homes on the market in 78621, ranging from $305,270 to $465,000. The trend in 78621 shows prices have fallen 4.6% in the past 6 months. 300 Herrin ST, Coupland TX 78615 nearby adjusts to $377,634; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group